BP Pulse, the division of the British multinational oil and gas corporation that makes charging stations for electric cars, has cut more than 10 percent of its staff. However, most of the people who filled these positions have been transferred to other parts of the company, and only a few employees will leave the company entirely.
The company also decided to reduce the number of countries in which it operates from 12 to just four. BP Pulse said its “ambition for electric vehicles has not changed” but said it was taking these steps to ensure it could deliver on its ambitions with “even greater precision and efficiency”.
In addition, BP Pulse will work to develop its business only in those markets where electric vehicles are expected to grow the fastest. These include Britain, China, Germany and the United States, although Australia, France and New Zealand have been identified as potential growth countries.
In 2023, BP Pulse said it had more than 29,000 charging points worldwide, up from 22,000 a year earlier. By 2030, the company plans to launch 100,000 charging stations.